How Will Our Cities, Communities & Country Cope with Climate Migration - Highlights - ABRAHM LUSTGARTEN
“So, New York City will ultimately build a seawall that it estimates will cost somewhere in the order of 120 billion dollars. And, you know, the fact is that many cities in the United States will not be able to afford that, especially smaller ones and especially southern ones. A part of planning for this needs to include thinking about managed retreat from highly vulnerable areas. The tax base of that community that supports schools undermines the real estate market and the value of property, and it can lead to a spiral of economic decline that can be really dangerous for the people who remain. This can really hollow out a community and that's an enormous challenge to deal with, but one way to deal with it is to try to keep the resources and infrastructure in a community proportional to the population that's utilizing it and to maintain some energy and prosperity and vitality. So, I think a lot of places in the United States need to plan to get smaller, which is really the antithesis of the American philosophy of growth and economic growth. If you want to keep your community intact, you could move together, or you could move to a place where your neighbors have also moved or something like that. That's the kind of new idea that is being batted around that can help keep communities coherent.”